The Bail

Well the time has come for lenders to receive taxpayer money to end the recession, they will get billions of dollars and the thought is they will start issuing credit again. But my thinking is that the money should go to the people losing their homes to pay the mortgage, to help reset their debt. I mean think about it people lose their job or take pay cuts, the people who find new jobs get less pay, now how are they supposed to afford all that they have after that? They have car payments, mortgages, insurance plus a family and getting more credit does not help them, it will only make it worse.
The plan only seems to be aimed to help companies that made really bad choices, while Americans made bad choices but did not choose to get pay cuts or lose their job! The money should go to the people so they can start over not a greedy institution that choose to foreclose on a home instead of working with home owner and making them homeless. So I feel Americans are footing the bill of this bail out and in return will get no relief from it! It will not bring back in jobs, or earned money but like the commander and chief said there will be credit being issued again. So feel free to get more loans to put yourself in further debt in other words.

An American